Car finance experts Car Loan 4U comments on reports that the Government is set to back down on autumn fuel duty hike

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The UK’s number one online car finance specialist Car loan 4U comments on Chancellor of the Exchequer’s plans to scrap a price increase on fuel duty in March budget.

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It is expensive running a car but owning a good, reliable and safe car is an essential requirement for most people and that’s why we need our government to listen and take action.

Motoring groups in the UK have united a midst emerging reports that that Chancellor of the Exchequer, George Osborne, is set to scrap the planned price increase on fuel duty - according to national news sources.

The UK Government is set to make a u-turn ahead of March’s budget and scrap plans to raise the price of fuel by a another 3 pence per litre from the autumn.

The Chancellor has already backed down on a fuel duty rise twice in recent months with the planned January and April hikes scrapped - and the latest report of a third back down is bound to give the Chancellor some short-lived respite from the mounting pressure of a nation struggling to fill up their tanks.

Car Loan 4U Co-Director, Ryan Dignan, comments:

“We’ve seen it happen twice already and now it looks to be a third time lucky for us all. I think it’s really encouraging to see that the Chancellor is listening to the millions of motorists and businesses that are affected by the continuous fuel duty rises in the UK.”

“It is expensive running a car but owning a good, reliable and safe car is an essential requirement for most people and that’s why we need our Government to listen and take action.”

“So if the reports are true and George Osborne does scrap the planned autumn rise of three pence per litre, then it will no doubt allow millions of families and businesses to keep their costs down for just a little bit longer.”

Motorists looking to get their hands on a new or used car might want to consider their car finance options and as leading car finance providers, Car Loan 4U can help provide expert advice before, during and after the application process.

Car Loan 4U offers a wide range of car finance deals regardless of the customer’s history or circumstances to give a fast decision on loan applications for new cars, which can be underwritten, approved and paid in just 30 minutes.

For further information, please visit http://www.carloan4u.co.uk.

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David Sargant
Carloan4U.co.uk
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